dswinters (89.67)

6

I think one of the hardest things to do is admit that 'you got it wrong'. Well, I am trying to get better at this and recently, I got it real wrong and this isn't the first time....probably not the last either. [more]

Recs

3

As the country of Japan begins to sort through the mess and start to pick up the pieces, Netflix keeps storming ahead. This is a tale of the inefficent Market. Ok ok....I went short the EWJ. This is the case because I think the country will have a heck of a time the next few months and years, but this Japan. This is/was the 3rd largest economy that recovered from WWII. This is not about the country, it is about the people and their culture. It is about the drive to innovate and work for the higher cause. This is the country where the 'company man' was founded and will rise again. [more]

Recs

4

4

The Dow is inching closer to 12,000 and there seems to be some hope in the United States. In the short term, it seems that things have stabilized for the time being. However, the longer term has some major issues that will have to be fixed. If entitlements like healthcare and social security are not fixed, the country will be broke. These entitlements will need to be cut for baby boomers and boomers should be open to these. They have lived through the greatest time to be born in the greatest country.....ever. It is time to do what is right for their children and grandchildren. Work a few more years and get a hold of their spending. We will all have to live in a 'new normal' and it isn't the end of the world. [more]

Recs

3

The Google purchase of Groupon seems to be quite head scratching. $6billion dollars for a company that was offer $2Billion by a desperate Yahoo!. First glance the numbers don't really work out. $6 Billion dollars for a company that does $500million-$1Billion in REVENUE per year. This means Google is paying a very pretty penny for a company that (quite frankly) can be copied and destroyed by a big bad Google. [more]